Rent in Lockport, IL
A 2-bedroom in Lockport, IL (ZIP 60441) typically rents for about $1,802 a month, with a range of $1,484–$2,120. Owner-occupied homes in Will County pay about 2.24% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,322 | $873–$1,770 | 1 |
| 1 bed | $1,477 | $1,073–$1,880 | 1 |
| 2 beds | $1,802 | $1,484–$2,120 | 1 |
| 3 beds | $2,273 | $1,815–$2,730 | 1 |
| 4 beds | $2,626 | $2,141–$3,110 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).
Lockport ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Lockport, IL?
- About $1,802 a month: the median of the typical rents in 1 ZIP code, which range from $1,484–$2,120. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Lockport, IL?
- About $1,477 a month: the median of the typical rents in 1 ZIP code, which range from $1,073–$1,880. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Lockport, IL?
- About $2,273 a month: the median of the typical rents in 1 ZIP code, which range from $1,815–$2,730. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Lockport, IL?
- About $1,322 a month: the median of the typical rents in 1 ZIP code, which range from $873–$1,770. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Lockport, IL?
- About $2,626 a month: the median of the typical rents in 1 ZIP code, which range from $2,141–$3,110. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Lockport, IL?
- Owner-occupied homes in Will County pay a typical 2.24% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Lockport rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).